All Brands Owned by Devon Energy Corporation

What does Devon Energy own?
The company owns oil and gas producing assets across the Delaware Basin, Williston Basin, Rockies, Marcellus, and remaining Eagle Ford and Midcontinent positions, plus integrated Permian gathering and processing infrastructure. It owns no downstream refining or retail businesses.

Is Devon Energy publicly traded?
Yes. It trades on the New York Stock Exchange under ticker DVN and is a component of the S&P 500. It has been public since 1988.

Who founded Devon Energy?
Father and son John Nichols and Larry Nichols founded the company in Oklahoma City in 1971. Larry Nichols led it for roughly four decades, building it through serial acquisitions into a shale leader.

Where is Devon Energy headquartered?
Following the May 2026 Coterra merger, the company is headquartered in Houston, Texas, while maintaining a significant operational presence in Oklahoma City, where it was founded and headquartered for five decades.

What happened to Coterra Energy?
Coterra merged into Devon on May 7, 2026 in an all-stock transaction. Coterra shareholders received 0.70 Devon shares per Coterra share, Coterra stock ceased trading, and the company survives as a wholly owned Devon subsidiary.

Who owns Devon Energy?
Public shareholders own it. Legacy Devon shareholders hold approximately 54 percent of the combined company and legacy Coterra shareholders about 46 percent. No controlling shareholder exists.

What is Devon Energy's revenue and production?
Standalone Devon reported $17.2 billion in fiscal 2025 revenue and produced about 851,000 barrels of oil equivalent per day in the fourth quarter of 2025. The post-merger combined company is substantially larger, with more than half its production from the Delaware Basin.